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Entrepreneur: Start & Grow Your Business

Move It Now LLC

Moving services & storage

Background

Founded: 2003 Franchising since: 2004
4700 Rockside Rd., #610
Independence, Ohio 44131
Phone:
(216)524-6683


Franchisor is a privately-held company with 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 8 0 0 0
2008 8 0 0 0
2007 10 0 0 0
2006 5 0 0 0
2005 2 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 400,000+ population

Costs and Fees

Total investment: $83.1K-324.4K
Franchise fee: $35K-130K
Ongoing royalty fee: 6.5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $75K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 10 days
  • At an existing location : 3 days

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • Regional advertising

Rankings

Franchise 500® rank:
#462 (2008);

Top New Ranking:
#46 (2008);